SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Kellner Capital, LLC

CIK 0001550188 · PO BOX 1627, NEW YORK, NY, 10150 · 212-350-0262

Reported Value
$190M
Q4 2020
Positions
29
Filings on Record
20
2019–present window
Filed
Feb 10, 2021
original filing

Summary

Kellner Capital, LLC reported $190M in U.S.-listed holdings across 29 positions for Q4 2020.

Its largest position, Tiffany, represents 14.9% of the portfolio.

Compared with Q3 2020, the fund opened 19 new positions and exited 18.

Portfolio Metrics

Turnover
+58.8%
vs prior filed quarter
Top-10 Concentration
+71.1%
share of reported value
Largest Position
+14.9%
Tiffany
New / Exited
19 / 18
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $147MQ1 ’19Q2 ’19: $224MQ3 ’19: $142MQ4 ’19: $158MQ4 ’19Q1 ’20: $216MQ2 ’20: $203MQ3 ’20: $185MQ3 ’20Q4 ’20: $190MQ1 ’21: $276MQ2 ’21: $326MQ2 ’21Q3 ’21: $257MQ4 ’21: $219MQ1 ’22: $134MQ1 ’22Q2 ’22: $148MQ3 ’22: $177MQ4 ’22: $86MQ4 ’22Q1 ’23: $72MQ2 ’23: $87MQ3 ’23: $85MQ3 ’23Q4 ’23: $56Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 77.9%Other: 19.0%REIT: 1.7%ADR: 1.4%Right: 0.0%
  • Common Stock · 77.9% · $148M
  • Other · 19.0% · $36M
  • REIT · 1.7% · $3M
  • ADR · 1.4% · $3M
  • Right · 0.0% · $11,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CONCHO RES INCNEW+225.9K225.9K+$13M$13M
IHS MARKIT LTDNEW+133.3K133.3K+$12M$12M
RPREALPAGE INCNEW+112.9K112.9K+$10M$10M
XILINX INCNEW+67.5K67.5K+$10M$10M
BMCHBMC STK HLDGS INCNEW+164.4K164.4K+$9M$9M
MXIMMAXIM INTEGRATED PRODS INCNEW+94.4K94.4K+$8M$8M
WORKSLACK TECHNOLOGIES INCNEW+176.7K176.7K+$7M$7M
ALXNALEXION PHARMACEUTICALS INCNEW+27.1K27.1K+$4M$4M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2020

29 positions
#IssuerClass% PortfolioValueShares
1TIFFANY & CO NEWCOM14.93%$28M215.4K
2WTWWILLIS TOWERS WATSON PLC LTDhistory →SHS10.65%$20M95.8K
3NATIONAL GEN HLDGS CORPCOM7.11%$13M394.4K
4CONCHO RES INCCOM6.95%$13M225.9K
5IHS MARKIT LTDSHS6.31%$12M133.3K
6VARIAN MED SYS INCCOM5.82%$11M63.1K
7RPREALPAGE INChistory →COM5.19%$10M112.9K
8XILINX INCCOM5.05%$10M67.5K
9BMCHBMC STK HLDGS INChistory →COM4.65%$9M164.4K
10MXIMMAXIM INTEGRATED PRODS INChistory →COM4.41%$8M94.4K
11WORKSLACK TECHNOLOGIES INChistory →COM CL A3.94%$7M176.7K
12NAVNAVISTAR INTL CORPhistory →COM3.55%$7M153.2K
13SINA CORPORD2.64%$5M118.0K
14ALXNALEXION PHARMACEUTICALS INChistory →COM2.23%$4M27.1K
15WATFORD HLDGS LTDSHS2.21%$4M121.4K
16EVEUREATON VANCE CORPhistory →COM NON VTG2.20%$4M61.3K
17EIDOS THERAPEUTICS INCCOM1.83%$3M26.4K
18CLGXCORELOGIC INChistory →COM1.77%$3M43.4K
19WDRWADDELL & REED FINL INChistory →CL A1.76%$3M131.4K
20FRONT YD RESIDENTIAL CORPCOM1.68%$3M196.1K
21IPHIINPHI CORPhistory →COM1.51%$3M17.9K
22SOGOU INCADR REPSTG A1.35%$3M314.2K
23UROVANT SCIENCES LTDSHS0.77%$1M90.0K
24VIRTUSA CORPCOM0.49%$926,00018.1K
25ENDURANCE INTL GROUP HLDGS ICOM0.34%$638,00067.5K
26CIT GROUP INCCOM NEW0.32%$608,00016.9K
27FITBIT INCCL A0.27%$515,00075.7K
28PARSLEY ENERGY INCCL A0.07%$133,0009.4K
29BRISTOL-MYERS SQUIBB CORIGHT 99/99/99990.01%$11,00016.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2023$56M18Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$85M21Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$87M26Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$72M29May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$86M33Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$177M41Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$148M33Aug 10, 202213F-HRchanges · EDGAR ↗
Q1 2022$134M31May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$219M28Feb 10, 202213F-HRchanges · EDGAR ↗
Q3 2021$257M27Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$326M31Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$276M33May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$190M29Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$185M28Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$203M23Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$216M32May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$158M31Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$142M27Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$224M33Aug 5, 201913F-HRchanges · EDGAR ↗
Q1 2019$147M27May 15, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • PRELUDE CAPITAL MANAGEMENT, LLC

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.